After a successful bidding period from February 22 to February 26, the focus now shifts to the allotment of GPT Healthcare IPO shares.
The allotment process for the GPT Healthcare IPO is expected to be finalized today. Investors can check their allotment status on the registrar, Link Intime India Private Limited, as well as on the BSE website.
Due to oversubscription in the retail category, shares will be allocated to Retail Individual Investors (RII) on a proportionate basis. For investors who do not receive an allotment, GPT Healthcare will initiate the refund process of the application money on February 28, 2024.
Additionally, investors who are allotted shares will have them credited to their demat accounts on the same day following the refund process.
GPT Healthcare is a Main Board IPO, and its shares are scheduled to be listed on both the BSE and NSE. The tentative listing date for GPT Healthcare shares is February 29, 2024.
Investors are advised to stay updated with the latest developments and check their allotment status through the designated channels.
